8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 13, 2004

REMY INTERNATIONAL, INC.

(Exact name of Registrant as specified in its charter)

Delaware	1-13683	35-1909253
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

2902 Enterprise Drive Anderson, Indiana	46013
(Address of principal executive offices)	(Zip Code)

(765) 778-6499

(Registrant’s Telephone Number, Including Area Code)

DELCO REMY INTERNATIONAL, INC.

(Former name or former address, if changed since last report)

Item 5. Other Events and Regulation FD Disclosure

Remy International, Inc. (the “Company”) today issued a press release announcing that it has signed a definitive agreement to sell its U.S. transmission remanufacturing business to Caterpillar Inc. (NYSE: CAT) (“Caterpillar”). Under the terms of the agreement, Caterpillar will pay approximately $105 million in cash for two of the Company’s wholly-owned subsidiaries, Williams Technologies, Inc. and JAX Reman, L.L.C. A copy of the press release is attached to this report as Exhibit 99.1.

Item 7. Financial Statements and Exhibits

(c) Exhibits

99.1     Press Release of the Company dated August 18, 2004

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 18, 2004	REMY INTERNATIONAL, INC.
	By:	/s/ Rajesh K. Shah
	Name:	Rajesh K. Shah
	Title:	Executive Vice President and
		Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release of the Company dated August 18, 2004

EX-99.1

Exhibit 99.1

REMY INTERNATIONAL, INC. World Headquarters · 2902 Enterprise Drive · Anderson, Indiana 46013

For Immediate Release August 18, 2004

Contact:	Joe Keever 765-778-6690
	Leah Campbell 765-778-6848

Remy International announces the sale of Williams Technologies

ANDERSON, Ind., – Remy International, Inc. today announced the signing of a definitive agreement for the sale of its U.S. transmission remanufacturing operation, Williams Technologies, Inc. (WTI) to Caterpillar, Inc. The business, which is located in Summerville, South Carolina, employs approximately 500 and is responsible for the remanufacturing of automatic transmissions, torque converters, and rotary engines.

“This business has performed very well for us. We believe, however, that it is a better strategic fit with the CAT Reman Business and that as part of Caterpillar, WTI’s customers, employees and other stakeholders will realize even more value”, said Thomas J. Snyder, president and chief executive officer of Remy International.

“This acquisition is an excellent strategic fit, providing an opportunity to leverage Caterpillar’s core strengths to provide remanufacturing services to original equipment manufacturers (OEMs) in the automotive industry,” commented Steve Fisher, general manager of Caterpillar’s Remanufactured Products Group. “We are excited about the opportunity to demonstrate our value to WTI’s current customers, as well as to other OEMs.”

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Williams Technologies will become a wholly owned indirect subsidiary of Caterpillar, Inc. when the transaction closes. “Remy and Caterpillar will make the transition of ownership as seamless as possible from the perspective of our customers, suppliers and employees. This enthusiastic and energetic team of employees will be a great asset to the Caterpillar family of businesses,” said Snyder.

The stock sale by Remy to Caterpillar is expected to conclude by the end of August. Raj Shah, Executive Vice-President and CFO of Remy International said, “This transaction is another step in the commitment of our company to provide resources for growth as we continue to improve our leverage and liquidity.”

Remy International, Inc., headquartered in Anderson, Indiana, is a leading designer, manufacturer, remanufacturer and distributor of electrical, drivetrain/powertrain and related products for automobiles, light-duty trucks, heavy-duty trucks and other heavy-duty off-road and industrial applications. Products include starter motors, alternators, engines, transmissions, torque converters and fuel systems. The Company also provides exchange services for used components, commonly known as cores, for remanufacturers. Remy International, Inc. was formed in 1994 as a partial divestiture by General Motors Corporation of the former Delco Remy division, which traces its roots to Remy Electric, founded in 1896.

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